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Carpenter Technology

476.43 USD
-14.15
2.88%
At close Updated Aug 28, 4:00 PM EDT
Pre-market
After hours
474.94
-1.49
0.31%
1 day
-2.88%
5 days
-2.65%
1 month
-14.99%
3 months
3.12%
6 months
16.63%
Year to date
40.81%
1 year
96.42%
5 years
1,317.1%
10 years
1,157.73%
 

About: Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.

Employees: 4,500

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 72.3%
Neutral 23.4%
Negative 4.3%
Positive
Zacks Investment Research
4 days ago
Will CRS's Brownfield Expansion Project Aid Growth Through 2029?
Carpenter Technology's $400M brownfield expansion is on track to boost capacity, supporting its $1.2-$1.3B FY29 operating income target.
Will CRS's Brownfield Expansion Project Aid Growth Through 2029?
Positive
Seeking Alpha
8 days ago
Our Top 10 High Growth Dividend Stocks - August 2026
The article provides a methodology for selecting high-growth dividend-paying stocks, focusing on dividend growth and sustainability rather than high current yield. We use our proprietary models to rate both quantitatively and qualitatively and select the top 10 names from an initial list of nearly 500 dividend stocks. The final list of ten stocks is chosen based on sector diversity, high-growth quality scores, and positive momentum and is suitable for investors in the accumulation phase.
Our Top 10 High Growth Dividend Stocks - August 2026
Positive
Benzinga
16 days ago
Jim Cramer Says Buy Carpenter Technology, Calls This IT Services Stock a 'Value Trap'
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Carpenter Technology (NYSE:CRS).
Jim Cramer Says Buy Carpenter Technology, Calls This IT Services Stock a 'Value Trap'
Neutral
GlobeNewsWire
17 days ago
Carpenter Technology Declares Quarterly Cash Dividend
PHILADELPHIA, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable September 3, 2026, to shareholders of record on August 25, 2026.
Carpenter Technology Declares Quarterly Cash Dividend
Neutral
GlobeNewsWire
17 days ago
Ken Giacobbe Joins Carpenter Technology's Board of Directors
PHILADELPHIA, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Ken Giacobbe has been appointed to the Company's Board of Directors, effective August 11, 2026.
Ken Giacobbe Joins Carpenter Technology's Board of Directors
Neutral
GlobeNewsWire
17 days ago
Carpenter Technology Announces Additional $1.0 Billion Share Repurchase Program Following Completion of Prior Authorization
PHILADELPHIA, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced that its Board of Directors has authorized an additional share repurchase program of up to $1.0 billion of the Company's outstanding common stock. In August 2026, the Company repurchased the remaining $119.0 million of shares available under its previously authorized $400 million share repurchase program.
Carpenter Technology Announces Additional $1.0 Billion Share Repurchase Program Following Completion of Prior Authorization
Positive
Zacks Investment Research
19 days ago
Top 3D Printing Stocks to Buy for Strong Long-Term Potential
3D Printing is reshaping industries with faster production and lower costs, drawing investor interest. Stocks like PRLB, SSYS, AME, ATRI and CRS offer strong growth potential.
Top 3D Printing Stocks to Buy for Strong Long-Term Potential
Positive
Zacks Investment Research
24 days ago
CRS Earnings Beat Estimates in Q4 on Pricing, Shares Rise 7%
Carpenter Technology beats on Q4 earnings as Specialty Alloys Operations strength, pricing and higher shipments lift revenues, margins and operating income.
CRS Earnings Beat Estimates in Q4 on Pricing, Shares Rise 7%
Positive
Zacks Investment Research
26 days ago
3 Momentum Anomaly Stocks to Buy as Trump Calls Off Iran Strike Plan
SNDK, CRS and AMKR pair strong one-year gains with sharp weekly pullbacks, fitting a momentum-anomaly screen built for fast movers.
3 Momentum Anomaly Stocks to Buy as Trump Calls Off Iran Strike Plan
Positive
Seeking Alpha
27 days ago
Carpenter Technology: The Specialty Materials Play On Boeing's Production Ramp
Carpenter Technology Corporation (CRS) is positioned for durable, margin-accretive growth, driven by robust aerospace and industrial demand. CRS's aerospace exposure is underpinned by Boeing and Airbus production ramp-ups, while industrials benefit from data center and power infrastructure demand. Despite product mix headwinds and a high trading multiple, CRS's disciplined capital allocation and strong balance sheet support continued organic growth.
Carpenter Technology: The Specialty Materials Play On Boeing's Production Ramp
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